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D885993B19E0D6B1872585050070F640 Hearing Summary


Date Feb 5, 2020      
Location SCR 352

SB20-064 - Referred to the Committee of the Whole

01:33:52 PM  

Senator Foote, prime sponsor, explained Senate Bill 20-064, concerning the repeal of a prohibition on the state Attorney General bringing an action under state antitrust law when certain corporate actions have been reviewed by a federal entity. 

Jan Zavislan, representing the Department of Law, testified in support of the bill.  He provided an overview and history of mergers and antitrust laws in Colorado.  He explained that current law interferes with the state's authority to protect its citizens when a merger occurs.  He answered questions from the committee about mergers and the need for repealing the prohibition as outlined in the bill.  


01:58:29 PM
Motion Refer Senate Bill 20-064 to the Committee of the Whole.
Moved Gonzales
Cooke No
Gardner No
Rodriguez Yes
Gonzales Yes
Lee Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details